A New Class of Global Entrepreneurs: Americans Under 50!

In Forbes.com

My goodness ... are we contradicting ourselves? Today, Forbes reported in an article, "Home Grown Seed Money," that most entrepreneurial activity is carried out by people aged 25-34! The Global Entrepreneurship Monitor released a survey that was conducted by Babson College and the London School of Business. The survey concludes:

• Most entrepreneurial activity is carried out by people aged 25-34 regardless of the income level of their home country. Low-income countries have the most entrepreneurial activity across all age groups, followed by high-income countries. Most people launching a business are already employed.

If you are thinking about starting a business, you might want to check out the article. It finishes up by stating that self-funding and informal investment fuels development of 99.9% of new businesses.